42 King William Street, Bayswater WA 6053

This substantial land parcel of approximately 1,042sqm is set within an established Bayswater neighbourhood, presenting a rare opportunity for prospective buyers to secure a significant holding in a sought-after area. While an existing building is present on the site, the principal appeal lies in the versatile landholding, inviting a broad range of potential uses.

For those with a vision for redevelopment, the property supports possibilities such as a large single residence or exploring a multi-dwelling configuration, subject to council approvals. Buyers interested in pursuing a three-townhouse development are advised to undertake due diligence with relevant planning authorities to understand zoning, development controls, and achievable dwelling yields.

The property's location offers convenient access to Bayswater’s town centre amenities, local shopping options, and the railway station, enhancing its appeal for urban convenience combined with residential tranquility. The established residential setting contributes to the area's character, making it attractive for those seeking a long-term project or a bespoke home in an accessible community.

Comparative market context is provided by the neighboring property at 40 King William Street, which sold for $1,685,000 in August 2025. While that site included a corner position with an existing home, it offers useful insight for buyers evaluating this land opportunity.

Overall, this parcel represents a valuable proposition for builders, developers, or buyers looking to invest in a significant Bayswater land asset with promising redevelopment or custom home possibilities. Interested parties should independently verify zoning, services, and planning conditions prior to proceeding.